The road to shareowner power

A dramatic rise in shareowner power and improvements in corporate governance tan be achieved in the next few years by expanding the role of proxy advisory firms. This will require changing the way such firms are paid. They are now paid directly by investors who buy their advice; but this arrangement suffers from a free-rider problem. Instead, they should be paid by each corporation about which they are advising, in accordance with shareholder vote so as to preclude management influence. This arrangement would make it economically feasible for advisory firms to expand their services, becoming proactive like relational investors. Any proxy advisor other than the market leader Stands to gain tremendously by initiating this new System. lt would eliminate the natura1 monopoly feature of the current System, and spread the tost more equitably across all shareowners. lt would also enable proxy advisory ftrms to market their Services to individual investors via the internet

Charmless three-body decays of b-hadrons

A review of recent results from LHCb and the B-factories on the charmless decays of b-hadrons into three-body final states is presented.Comment: 14 pages, 13 figures. Presentation at the DPF 2013 Meeting of the American Physical Society Division of Particles and Fields, Santa Cruz, California, August 13-17, 201

The unicity of types for depth-zero supercuspidal representations

We establish the unicity of types for depth-zero supercuspidal representations of an arbitrary $p$-adic group $G$, showing that each depth-zero supercuspidal representation of $G$ contains a unique conjugacy class of typical representations of maximal compact subgroups of $G$. As a corollary, we obtain an inertial Langlands correspondence for these representations, via the Langlands correspondence of DeBacker and Reeder.Comment: 23 pages. Updated with minor revisions; to appear in Representation Theor

The 86th Legislative Session Look-Back

State legislatures govern many of the daily concerns in education, yet the politics at play in shaping legislators’ approaches to pressing education issues remain underexamined. This paper provides an overview of the education policy issues that defined the 86th Texas Legislative Session. The contributing authors to this critical issue draw on their political and professional expertise to offer their unique perspectives on Texas K-12 and higher education funding, new modes of teachers’ political advocacy, and persistent racial inequities in educational institutions. Together, these pieces provide readers with a review of the achievements and challenges in Texas education policy, as well as future directions for research, policy, and educational advocacy.Educatio

Nuclear light bulb

The nuclear light bulb engine is a closed cycle concept. The nuclear light bulb concept provides containment by keeping the nuclear fuel fluid mechanically suspended in a cylindrical geometry. Thermal heat passes through an internally cooled, fused-silica, transparent wall and heats hydrogen propellant. The seeded hydrogen propellant absorbs radiant energy and is expanded through a nozzle. Internal moderation was used in the configuration which resulted in a reduced critical density requirement. This result was supported by criticality experiments. A reference engine was designed that had seven cells and was sized to fit in what was then predicted to be the shuttle bay mass and volume limitations. There were studies done of nozzle throat cooling schemes to remove the radiant heat. Elements of the nuclear light bulb program included closed loop critical assembly tests done at Los Alamos with UF6 confined by argon buffer gas. It was shown that the fuel region could be seeded with constituents that would block UV radiation from the uranium plasma. A combination of calculations and experiments showed that internal moderation produced a critical mass reduction. Other aspects of the research are presented